Common use of Representative Warrants Clause in Contracts

Representative Warrants. On the Closing Date and if any, each Option Closing Date, the Company shall issue to the Representative warrants to purchase a number of Ordinary Shares equal to seven percent (7%) of the aggregate number of Ordinary Shares sold in the Offering by the Underwriters (the “Representative Warrants”). The Representative Warrants, in the form attached hereto as Exhibit B, shall be exercisable at 110% of the public offering price. The Representative Warrants and the underlying Units issuable upon exercise shall be subject to a lock-up restriction pursuant to the rules of FINRA and in particular FINRA Rule 5110(g)(1), for a period of 180 days immediately following the Effective Date, and expire five (5) years from the Effective Date. The Representative Warrants shall include a “net issuance” or “cashless” exercise feature.

Appears in 3 contracts

Samples: Underwriting Agreement (Powerbridge Technologies Co., Ltd.), Underwriting Agreement (Powerbridge Technologies Co., Ltd.), Underwriting Agreement (Powerbridge Technologies Co., Ltd.)

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Representative Warrants. On the Closing Date and if any, each Option Closing Date, the Company shall issue to the Representative Representatives warrants to purchase a number of Ordinary Shares equal to seven and one-half percent (77.5%) of the aggregate number of Ordinary Shares sold in the Offering by the Underwriters (the “Representative Warrants”). The Representative Warrants, in the form attached hereto as Exhibit B, shall be exercisable at 110120% of the public offering price. The Representative Warrants and the underlying Units issuable upon exercise shall be subject to a lock-up restriction pursuant to the rules of FINRA and in particular FINRA Rule 5110(g)(1), for a period of 180 days immediately following the Effective Date, and expire five (5) years from the Effective Date. The Representative Warrants shall include a “net issuance” or “cashless” exercise feature.

Appears in 1 contract

Samples: Underwriting Agreement (Loha Co. Ltd.)

Representative Warrants. On the Closing Date and if any, each Option Closing Date, the Company shall issue to the Representative warrants to purchase a number of Ordinary Shares shares of Common Stock equal to seven eight percent (78%) of the aggregate number of Ordinary Shares shares of Common Stock sold in the Offering by the Underwriters (the “Representative Warrants”). The Representative Warrants, in the form attached hereto as Exhibit B, shall be exercisable at 110% of the public offering price. The Representative Warrants and the underlying Units Common Stock issuable upon exercise shall be subject to a lock-up restriction pursuant to the rules of FINRA and in particular FINRA Rule 5110(g)(1), for a period of 180 days immediately following the Effective Date, and expire five three (53) years from the Effective Date. The Representative Warrants shall include a “net issuance” or “cashless” exercise feature.

Appears in 1 contract

Samples: Underwriting Agreement (Artelo Biosciences, Inc.)

Representative Warrants. On the Closing Date and if any, each Option Closing Date, the Company shall issue to the Representative Representatives warrants to purchase a number of Ordinary Shares equal to seven and one-half percent (77.5%) of the aggregate number of Ordinary Shares sold in the Offering by the Underwriters (the “Representative Warrants”). The Representative Warrants, in the form attached hereto as Exhibit B, shall be exercisable at 110120% of the public offering price. The Representative Warrants and the underlying Units issuable upon exercise shall be subject to a lock-up restriction pursuant to the rules of FINRA and in particular FINRA Rule 5110(g)(15110(e)(1), for a period of 180 days immediately following the Effective Date, and expire five (5) years from the Effective Date. The Representative Warrants shall include a “net issuance” or “cashless” exercise feature.

Appears in 1 contract

Samples: Underwriting Agreement (Loha Co. LTD)

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Representative Warrants. On the Closing Date and if any, each Option Closing Date, the Company shall issue to the Representative warrants to purchase a number of Ordinary Shares equal to seven five percent (75.0%) of the aggregate number of Ordinary Shares sold in the Offering by the Underwriters (the “Representative Warrants”). The Representative Warrants, in the form attached hereto as Exhibit B, shall be exercisable at 110125% of the public offering price. The Representative Warrants and the underlying Units Ordinary Shares issuable upon exercise shall be subject to a lock-up restriction pursuant to the rules of FINRA and in particular FINRA Rule 5110(g)(1), for a period of 180 days immediately following the Effective Date, and expire five (5) years from the Effective Date. The Representative Warrants shall include unlimited piggyback registration rights and a “net issuance” or “cashless” exercise feature.

Appears in 1 contract

Samples: Underwriting Agreement (Painreform Ltd.)

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